Homework SourseGDP per capita is a measure that is often used to sum up an
GDP per capita is a measure that is often used to “sum up” an economy’s overall wellbeing. The following questions ask you to consider how GDP per capita is related to various health measures over time. Click on this link http://www.google.com/publicdata/directory to visit the website where you will need to get the data. a. Comment on how GDP per capita and life expectancy are related over time. Is this what you predicted? b. Comment on how GDP per capita and birth rates are correlated over time. Are you surprised by the data? What happened to cause birth rates to suddenly drop in 2008?
Solution
a. GDP/capita and life expectancy is positively related. Yes, prdiction is matched as higher income is associated with higher medical facility purchasing option. Hence, it is right.
b. GDP/capita and birth rate are inversely related. It is not surprising as it follows the thoery of demographic transition directly. Raise in income changed the mind set up of people which is the ultimate factor behind this result.
